Xavier School of management (XLRI) has achieved 100% placement in 3.5 days for its current outgoing batch of 2013-15, the largest batch to ever sit for final placements in the history of XLRI.
Placement 2015 at XLRI Jamshedpur was completed in a record time of 3.5 days with probably the shortest ever recruitment season in the institute.
Although XLRI Jamshedpur began its placement process later than number of top rated B schools, but completed it much earlier than many of them. The placement 2015 reflected an upward swing in recruitment with more recruiters offering higher placement packages while the companies competed among themselves in offer of more jobs.
Key Trends in placement 2015
XLRI has a consistent record of 100% placement. The placement season 2015 was no exception to the feat. Entire placement 2015 process at XLRI was managed by Student Placement Committee at the B school.
Increase in Batch size
There were 300 students seeking placement 2015 in comparison to the batch size of 241 students seeking placement in 2014. All the 300 students seeking placement got suitable offers and the process was over in less than 4 days in the first week of February 2015.
Rise in Number of recruiters
According to XLRI ‘The Final Recruitment process saw participation from 108 recruiters inclusive of 45 new recruiters and 321 offers were made for a batch of 300 students over a period of 3.5 days.’ There has been a significant rise in number of recruiters during the past 2 placement seasons at XLRI. While there were 77 companies visiting XLRI in Placement 2013, the number rose to 103 in Placement 2014. Now this number has further gone up to 108 in placement 2015 with 45 new recruiters with more job offers.
Median Salary up
Beating the slow down in placement offers, the placement season 2015 at XLRI saw a rise in median salary from Rs.16.25 lakhs per annum in 2014 to Rs.17 lakhs per annum showing a rising trend in the job market. Apart from this highlight, another achievement at XLRI placement 2015 is that minimum salary stood at Rs.12 Lakhs.
Rise in PPOs
Pre placement offers (PPOs) also saw a rise of 25% in placement 2015 over 2014. 99 students were offered PPOs (Pre-Placement Offers) from their summer internships, while this number was 79 students in 2014. According to XLRI it emphasised that ‘the students from XLRI proving their mettle in the industry yet again.’
BFSI: 40% batch placed
Banking, Financial services and Insurance (BFSI) and consultancy emerged as the prominent recruiting sector in placement 2015 at XLRI. According to XLRI, BFSI and consulting firms recruited in large numbers with around 40% of the Business Management students being offered roles in the Finance and Consulting domains.
Domain wise Placement
Finance
In continuation with the trend from the recently concluded Summer Internship Placements the CRP was marked by an overwhelming presence of recruiters from the financial sector domain. Recruiters from the BFSI space included Axis Bank, Citibank, CRISIL, Development Bank of Singapore, Goldman Sachs, HSBC, ICICI Bank, Standard Chartered and Yes Bank. ICICI Bank was the largest finance recruiter. Corporate Banking roles were offered by Citibank and HSBC among others. Other companies also visited campus offering PE, VC and IB roles.
Marketing /Operations and Human Resources
The FMCGs have been the forte of XLRI over the years. This year was no different and XLRI has again re-established its strength as an FMCG destination. Asian Paints, Colgate Palmolive, GSK CH, Heinz, HCCB, ITC, Kellogg’s, L'Oreal, Mars, Mondelez, Nestle, PepsiCo, Reckitt Benckiser, Unilever among others offered roles in Sales and Marketing and HR functions. ITC was the largest recruiter in the FMCG space.
The pharmaceutical and medical sector was strongly represented by participation from majors like Alembic Pharma, Bioxcel, Medtronic, Novartis, Novo Nordisk and Roche. The media sector too made its presence felt with Set India, Star TV and HT Media offering roles in their Sales and Marketing function. Airtel, Ericsson and Vodafone represented the Communications and the Networking space while Philips and Samsung were the recruiters from the Consumer Durables sector here at XLRI.
Bosch, Crompton Greaves, Siemens, Lodha Group recruited students from the HR function. Ericsson, GSK CH, Kellogg’s, Ola Cabs, Uber, Tata Steel offered operations related roles including supply chain and procurement.
General Management
General Management once again was one of the preferred sectors on campus with major industry players like Aditya Birla Group, Mahindra & Mahindra, Reliance Industries, RPG and TAS offering a large number of roles in this area.
Consulting
The consulting domain saw the participation of industry majors such as Accenture Strategy, Capgemini Consulting, Cognizant Business Consulting, Deloitte, EY, Everest Group, KPMG, Mercer Consulting, Price Waterhouse Coopers, The Boston Consulting Group, TSMG and Vector Consulting. International roles were also offered to students.
Technology
Technology and ecommerce were the other highlights with some of the key recruiters being Amazon, Flipkart, Hexaware, InterGlobe, Lenovo, Microsoft, Ola Cabs, Quikr, Samsung, ShopClues and Wipro who offered roles in program management, sales & marketing, HR and operations.
Xavier School of Management (XLRI) is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the Steel city of Jamshedpur, Jharkhand. Over the last seven decades, XLRI has helped shape responsible business leaders who serve organizations of repute across the globe. As an institution, XLRI continually strives to contribute its mite to the professional growth and management of innumerable organizations that serve the public - especially organized industry sectors, labor welfare, service agencies engaged in rural development, education, health and other public systems.
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